THE CORPORATION oF TRE CITY OF Port COQUITLAM

BYLAW NO. 2417

A Bylaw to authorize the expenditure of monies
in the Tax Sale Lands Reserve Fund.

sale of tax sale Properties incl ed thereon and set aside in
accordance with the provisions of Section 380 of the "Municipal Act"; which
amount has been calculated as follows:

Balance in Reserve Fund at July lith, 1988 $3, 287,823.95

Add: Additions to fund Since July llth, 1988 $1,310,150.81

Less: Committed by Bylaw No. 2375 $ 610,000.00

Less: Expended by Bylaw No. 2416 $ 203,828.11

Balance in Reserve Fund at March lst, 1989 $3,784,146.65

AND WHEREAS no Sinking funds have been or were required to be established;

sum of $396,500.00 to renovate the
Coquitlam Avenue, Port Coquitlam, B.C.

NOW THEREFORE the Municipal Council of The Corporation of the City of Port
Coquitlam, in open meeting assembled, enacts as follows:

1.

The Municipal Council is hereby empowered and authorized to
undertake, carry out, or cause to be carried out, the construction
of the said addition generally in accord with the plans and
Specifications that have been placed on file in the office of the
City Clerk and to more particularly specify and authorize
resolution all things necessary in connection therewith.

FINAL READING